The A1 Telekom Austria Group announced that Thomas Arnoldner (40) will be nominated as new CEO by the two main shareholders, América Móvil and Österreichische Bundes-und Industriebeteiligungen (ÖBIB).

Since Wolfgang Ruttenstorfer has announced he will resign as Chairman of the Supervisory Board effective after the upcoming annual general assembly, ÖBIB and América Móvil have also reported to the Supervisory Board the nomination of Edith Hlawati, Bettina Glatz-Kremsner and Daniela Lecuona as new members of the Supervisory Board at the upcoming annual general assembly on 30 May 2018. Subject to the approval of the Supervisory Board, Edith Hlawati shall be elected Chair of the Supervisory Board.

The appointment of Thomas Arnoldner will be resolved by a Supervisory Board meeting to be held after the annual general assembly. He is expected to take office on 1 September 2018. The Board of Directors of Telekom Austria AG will again consist of three members as of 1 September 2018: Thomas Arnoldner (CEO), Alejandro Plater (COO) and Siegfried Mayrhofer (CFO).